Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...
Read More »Can TikTok Become Bigger than Instagram? Snap CEO Says It Is Highly Possible
TikTok is the video app popular among Generation Z ( the demographic cohort succeeding the Millennials, or Generation Y. Demographers and researchers typically use this term speaking about the mid- to late-1990s as starting birth years). The app is best known for its viral dancing and singing challenges, is obviously now a number one entertainment app on Apple‘s App Store for example.But let’s start from the beginning. There are many social media nowadays but few have the chance to get...
Read More »Google Parent Alphabet Enters $1 Trillion Club Joining Apple, Amazon and Microsoft
Google‘s parent company Alphabet has hit a new milestone with its market hitting one trillion dollars. Google’s is the fourth global company to attain this feat just after Sundar Pichai became the CEO of Alphabet in December 2019.On Thursday, January 16 closing, the Alphabet stock was trading at $1450 with its market cap striking $1 trillion. In the last year, Alphabet’s stock has surged nearly 50% giving handsome returns to the investors. Thus, Alphabet stock was a shining start in 2019’s...
Read More »App Stores Break Records Globally in 2019: 204B Downloads and $120B Spent
App stores have broken records. Users set a record of 204 billion downloads in 2019. This is up 6% from 2018 and 45% from 2016. $120 billion was spent on subscriptions “in-app” by users. The average user is spending about 3.7 hours daily using apps. App Annie’s State of the Mobile report has indicated this recently. The report demonstrates mobile app usage trends and also forecasts future data.According to the report, emerging economies led to this growth. India, Brazil, and Indonesia are...
Read More »New Samsung Galaxy S20+ Leak Shows 120Hz Display and No Headphone Jack
Samsung and Apple love to fill the internet with leaks and “secret” footage of their new upcoming phones, just a shy weeks before the actual event. This helps to draw global attention and to highlight some of the groundbreaking features that everybody has been waiting for. This time, Samsung Galaxy S20+ will offer a more powerful display, a better battery, fast charging, huge amounts of RAM and possibly the most unexpected, but at the same time, the most expected – they’re getting rid of the...
Read More »Glassdoor Publishes List of Best Jobs in Tech Industry for 2020
The world’s largest job and recruiting website Glassdoor has published its annual list of the 50 best jobs in America for 2020. The top seven spots on Glassdoor’s list of best jobs are taken by tech jobs that appeared there 20 times.The list begins with a front-end engineer outranking data scientist that was holding the top spot since 2016. Making the list of best jobs, Glassdoor considers the following factors: a very strong salary of over $100,000, over 13,000 open positions around the...
Read More »Donald Trump Tells Apple to Unlock Florida Terrorist’s iPhones
Advancement in technology has resulted in advanced strategies that criminals and terrorists use to pounce on innocent victims. Due to companies’ privacy policies, some manufacturers of the gadgets used by the crime perpetrators end up withholding crucial information to help perpetrators. One such company is Apple Inc.After the December 6, 2019, terrorist attack on a Florida Navy base, it emerged that the criminal used iPhones for part of his plans and communications. Since then, Apple is...
Read More »Saudi Aramco Raises Its IPO to Record $29.4B by Selling 450M Additional Shares
Saudi Aramco is a Saudi Arabian national petroleum and natural gas company. In December 2019, the company in its IPO initially raised $25.6 billion which already then was a record-setting number. They sold 3 billion shares worth $8.53 (or 32 riyals) a share. Already at the beginning of the IPO, the company stated that they might sell additional shares through the greenshoe option. It’s also called over-allotment of shares, which means that companies are allowed to issue more shares in the...
Read More »Is FAANG to Become FAAMGT in 2020s?
Recently, the new fintech terms came to town. We are already used to certain terms such as FAANG, FANG and even FAAMNG. When it comes to stocks, and especially technology-related ones, the times are certainly “a-changing”.2020 began already as a pretty turbulent one. With great geopolitical tensions, an unsure trade deal between the U.S. and China, Donald Trump’s impeachment (moreover, Meghan and Harry are leaving the Crown) – it seems that there is going to be a pretty tough year for big...
Read More »PayPal Rewards Hacker Who Discovers Its Vulnerability
PayPal admitted that someone discovered a possible severe security breach that could lead to the exposure of user passwords to a hacker. Alex Birsan, who discovered the breach, earned a bug bounty worth $15,300 for reporting the problem. The vulnerability itself was disclosed on January 8 and has since been repaired.In his public disclosure, Birsan wrote that this “is the story of a high-severity bug affecting what is probably one of PayPal’s most visited pages,” referring to the login...
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